Found 18 articles
Iran-aligned Houthi forces have captured Yemen’s strategic Perim Island in the Bab al-Mandab Strait, tightening their grip on a critical Red Sea shipping route and increasing risks for Saudi oil exports and global energy markets.
The US national average diesel price has crossed $6 a gallon for the first time, adding pressure to trucking, farming, shipping and food prices as the Iran conflict, Russian refinery disruptions and tighter global fuel supplies squeeze the market.
The India-EU Free Trade Agreement could significantly reshape bilateral commerce once ratified, with India set to lower tariffs on most EU goods while Indian exporters gain wider access to the European market.
Volkswagen is embarking on one of the biggest transformations in its history, combining around 100,000 cumulative workforce reductions with a sharply smaller model portfolio as it battles rising competition, excess capacity and weak profitability.
Brent crude climbed above $100 a barrel for the first time since July as attacks on Iranian tankers and Saudi energy facilities intensified fears of wider supply disruptions.
China, Russia and Kazakhstan are exploring the revival of the Ob-Irtysh waterway as a potential Arctic trade corridor, but shallow waters, ice, infrastructure costs and competing water demands remain major hurdles.
